D.A. Davidson & CO. Purchases 57,749 Shares of First Trust Water ETF (NYSEARCA:FIW)

D.A. Davidson & CO. lifted its position in First Trust Water ETF (NYSEARCA:FIW) by 340.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 74,711 shares of the company’s stock after buying an additional 57,749 shares during the period. D.A. Davidson & CO.’s holdings in First Trust Water ETF were worth $7,470,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in FIW. Wells Fargo & Company MN lifted its holdings in shares of First Trust Water ETF by 15.8% during the 4th quarter. Wells Fargo & Company MN now owns 466,293 shares of the company’s stock worth $44,204,000 after acquiring an additional 63,528 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of First Trust Water ETF by 3.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 312,016 shares of the company’s stock worth $31,195,000 after purchasing an additional 9,250 shares in the last quarter. Global Assets Advisory LLC purchased a new position in shares of First Trust Water ETF in the 1st quarter worth about $26,891,000. Stifel Financial Corp increased its position in shares of First Trust Water ETF by 71.8% during the 4th quarter. Stifel Financial Corp now owns 170,239 shares of the company’s stock valued at $16,139,000 after purchasing an additional 71,131 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in shares of First Trust Water ETF by 68.8% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 140,524 shares of the company’s stock valued at $14,050,000 after buying an additional 57,253 shares in the last quarter.

First Trust Water ETF Price Performance

NYSEARCA:FIW opened at $107.61 on Monday. First Trust Water ETF has a 1-year low of $77.11 and a 1-year high of $108.69. The business has a 50 day moving average of $103.52 and a 200 day moving average of $101.77. The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 33.23 and a beta of 0.99.

First Trust Water ETF Company Profile

First Trust ISE Water Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the ISE Water Index (the Index). The Index is a modified market capitalization-weighted index consisting of 36 stocks that derive a substantial portion of their revenues from the potable and wastewater industries.